The bill, S. 1073, is a joint resolution introduced in the South Carolina Senate to approve regulations proposed by the Department of Labor, Licensing and Regulation concerning the South Carolina Real Estate Commission, specifically designated as Regulation Document Number 5437. The resolution confirms that these regulations, which address various aspects of real estate licensing such as license classification changes, reactivation of inactive licenses, reinstatement of lapsed licenses, written office policies, licensee supervision, advertising, and teams, are approved by the General Assembly.

Additionally, the proposed regulations aim to correct citations and numbering while eliminating duplicative regulations. The resolution will take effect upon approval by the Governor, following its introduction on March 31, 2026. A Notice of Drafting for these regulations was published in the State Register on September 26, 2025.